Blockchain

[PRESS RELEASE – Singapore, Singapore, 1st July 2021] CENTRE, a consortium run by crypto exchange Coinbase and payments firm Circle has announced the support to issue USD Coin (USDC) on TRON, one of the largest and most popular blockchain-based operating systems in the world. USDC was on Ethereum in 2018 and expanded to Algorand, Stellar and Solana in the second half of 2020, as of June 2021 TRON is now the fifth chain to issue USDC with more to follow in the latter half of...

[Featured Content] There is an estimated $256 trillion worth of real-world assets such as real estate, privately-held companies, commodities, and more. Most of them are highly illiquid and beyond the reach of small investors. Bringing them on the blockchain and enabling people to own fractional pieces of them will democratize access to such assets. It will also ensure that the asset owners have easy access to funding and buyers. For example, can you buy shares of SpaceX?...

[PRESS RELEASE – Seoul, South Korea, 30th June 2021] Token minting platform Dexlab has completed private funding round to create a gateway to the Solana ecosystem. $1.44 million was raised with the aid of grants from Solana and Eco Serum and the participation of leading blockchain VCs. Dexlab is the developer behind the Minting Lab, a turnkey solution for token issuance, management, and deployment of smart contracts. Parataxis Capital, Genesis Block Ventures, CMS, NGC...

CoinMarketCap reveals that the feature is accessible on the pages of supported coins.Crypto market data aggregator CoinMarketCap (CMC) through integration with non-custodial decentralized crypto exchange Uniswap has launched a token swap feature on its website. CMC is one of the most visited finance portals in the world. According to data by SimilarWeb, the site had upwards of 270 million visitors last month.This new addition does not automatically come with all of the tokens listed on its...

[PRESS RELEASE – Please Read Disclaimer] Ontario, Canada (June 29, 2021) ‒ Today, Award Pool, a platform that provides companies with a unique way to engage their audience with custom made challenges and Non-Fungible Token (NFT) rewards, has reached $2.8 Million CAD in funding from over 50 investors including FunFair Technologies, Equivesto and Flori Ventures. The recent investment from FunFair has helped Award Pool plan for its next stage of development. “We are thrilled to...

The past year has been buzzing with increasing activities in decentralized finance (DeFi) and the blockchain ecosystem as a whole. From a total value locked (TVL) of $500 million on March 12 (the much talked about Black Thursday), DeFi has grown tremendously to become one of the most significant forces behind the cryptocurrency bull run of 2020/21. At the time of writing this piece, TVL in DeFi stands at over $50B. DeFi and the Promise of a Fair Financial System DeFi’s...

With the death of the eccentric British-American computer programmer and cryptocurrency proponent, John McAfee, the U.S. government could find it difficult to confiscate funds belonging to the tech entrepreneur. Absence of Death Certificate Stalling Further Process As previously reported by CryptoPotato, McAfee was found dead after committing suicide in a prison in Barcelona, Spain. McAfee’s death happened a few hours after the Spanish authorities authorized the...

New York Federal Reserve Bank President – John Williams – opined that the rapid development of virtual assets challenges the central banks’ desire to launch their own CBDCs. He advised policymakers to consider how cryptocurrencies would work efficiently alongside physical cash. Crypto Raises Questions for Central Banks John Williams – the president and CEO of the Federal Reserve Bank of New York – reacted to the recent presentation of the former Bank of England governor Mark...

21Shares AG, the Swiss-based issuer of cryptocurrency-oriented Exchange-Traded Products, continues with launching such ETPs in Europe. The latest will track the performance of Solana (SOL) and will go live on June 30th on the Swiss stock exchange. SOL ETP Coming to SIX Exchange The company, aiming to close the gap between institutional investors and regulated cryptocurrency products, announced its latest ETP in a press release shared with CryptoPotato. It will track the...

IAGON, a Norway-based blockchain startup focused on decentralized cloud computing, has announced the completion of seed funding to the tune of $3.4 million.  According to the announcement today, the latest round saw participation from reputable crypto and blockchain firms, led by LedgerLink Labs. Other investors include Blockchain Israel, AU21 Capital, Kirin Fund, Coinsgroup, Alphabit, Launchpool, Chymia Consulting, and Trustdao Network, to name but a few.  IAGON to Launch...